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Resources Connection (RGP)
NASDAQ:RGP
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.04Last Year’s EPS
0.28Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 02, 2025
|% Change Since: -18.55%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. The company showed strong international growth, improved operational efficiency, and technological investments as positive factors. However, these were offset by significant challenges in the US market, revenue declines in the on-demand segment, and a substantial goodwill impairment charge. The focus on international markets and operational efficiency provides hope for future growth, but immediate market challenges and revenue concerns persist.Company Guidance
During the call, Resources Connection, Inc. provided detailed guidance for the third quarter of fiscal year 2025, ending February 22, 2025. The company reported total revenue of $129.4 million, which aligned with expectations, despite client budget constraints and slower project ramp-ups. The gross margin was reported at 35.1%, better than expected, while SG&A expenses showed a notable improvement, lowering the run rate by 8% since the first fiscal quarter. The consulting segment saw a 13% increase in bill rates compared to the prior year, and the number of $1 million-plus opportunities doubled. However, the company noted a 2% decline in the consulting segment revenue year-over-year and a 24% decrease in the on-demand segment revenue. The Europe and Asia Pac segment experienced a 2% revenue decline, while the outsourced services segment showed a slight growth of 3%. Despite macroeconomic challenges, the company emphasized its strategic initiatives in enhancing client offerings, improving operational efficiency, and making targeted investments, with a focus on expanding in key markets like Southeast Asia and India. The fourth-quarter outlook anticipates revenue between $132 million and $137 million, with a projected gross margin of 36% to 37%.Revenue Achievement
Total revenue for Q3 was $129.4 million, in line with expectations despite client budget constraints and slower project ramp-ups.
International Growth
Strengthening across practices in Europe, Japan, and the Philippines with improvements in bill rates, pipeline expansion, and return of large project pursuits.
Consulting Segment Success
Achieved double-digit bill rate improvement, with enterprise engagements increasing by over 20%. Doubled the number of $1 million-plus engagements from last year.
Operational Efficiency
Lowered cost structure, reducing run rate SG&A by 8% since the first fiscal quarter through optimized headcount and reduced discretionary spending.
Technological Advancements
Investments in technology and infrastructure enhancements in North America to leverage AI and automation for client service and recruitment.
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RGP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RGP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 02, 2025 | $6.63 | $5.32 | -19.76% |
| Jan 02, 2025 | $8.57 | $8.92 | +4.08% |
| Oct 01, 2024 | $9.16 | $8.07 | -11.90% |
| Jul 18, 2024 | $10.12 | $10.68 | +5.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Resources Connection (RGP) report earnings?
Resources Connection (RGP) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is Resources Connection (RGP) earnings time?
Resources Connection (RGP) earnings time is at Jul 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RGP EPS forecast?
RGP EPS forecast for the fiscal quarter 2025 (Q4) is -0.04.
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